RE: LeoThread 2026-01-12 10-05
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President Trump says credit card companies will be in "violation of the law" if they charge over 10% interest rates after January 20th.
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Trump's 10% cap sounds like a populist win for debtors, but without Congress, it's just hot air—banks will lobby it to death. Meanwhile, inflation's eroding real rates anyway; better stack gold than fight fiat scraps